Cryptocurrency & Blockchain · head to head
Rainbow vs Bitstamp
Rainbow
Cryptocurrency & Blockchain
The fun, simple, and secure Ethereum wallet
- From
- Free
- Rated
- -
Bitstamp
Cryptocurrency & Blockchain
The original crypto exchange since 2011
- From
- Free
- Rated
- -
The short version
- Each has a real cost: Rainbow free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees; Bitstamp trading fees are higher than some competitors
- They diverge on capability: Rainbow covers Ethereum Wallet, Bitstamp covers Spot Trading.
Where they differ
Only the attributes on which Rainbow and Bitstamp actually diverge.
Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Rainbow
- Ethereum Wallet
- NFT Gallery
- ENS Integration
- Layer 2 Support
- Swaps
- Ethereum
- Optimism
- Arbitrum
Only in Bitstamp
- Spot Trading
- Staking
- Instant Orders
- API Trading
- SEPA
- SWIFT
- Credit Card
- Web support
Both cover
- Ios support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Rainbow
- Walletsnot Bitstamp
- Ethereumnot Bitstamp
- Mobilenot Bitstamp
Bitstamp
- Exchangesnot Rainbow
- Tradingnot Rainbow
- Compliancenot Rainbow
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Rainbow
- Free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees
Bitstamp
- Trading fees are higher than some competitors
- Limited selection of newer or smaller altcoins compared to larger exchanges
- Customer service response times can be slow during high-volume periods
Pricing, plan by plan
Rainbow
Free- FreeFree
- Ethereum wallet
- NFTs
- ENS
Bitstamp
Free- StandardFree
- Spot trading
- Staking
- Instant orders
Which should you pick?
Choose Rainbow if
- You need ethereum wallet.
- You want to start without paying.
- You work on Ios, Android, Chrome.
- You also want nft gallery.
Choose Bitstamp if
- You need spot trading.
- You want to start without paying.
- You work on Web, Mobile iOS, Mobile Android.
- You also want staking.
Questions people ask
- Is Rainbow or Bitstamp better?
- Neither clearly leads. Rainbow starts at Free and Bitstamp at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Rainbow or Bitstamp?
- Rainbow starts at Free and Bitstamp at Free.
- Does Rainbow or Bitstamp run on more platforms?
- Rainbow runs on Ios, Android, Chrome. Bitstamp runs on Web, Mobile iOS, Mobile Android.
- Can I use Rainbow for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is Rainbow best used for?
- Rainbow is most often used for wallets, ethereum, mobile. Of those, wallets and ethereum are not what Bitstamp is typically brought in for.
- What can Rainbow do that Bitstamp cannot?
- Rainbow covers Ethereum Wallet, NFT Gallery, ENS Integration, Layer 2 Support. Bitstamp covers Spot Trading, Staking, Instant Orders, API Trading. Both handle Ios support, Android support.
Answered from the vendors’ own pages
Bitstamp: When was Bitstamp founded?
Bitstamp was founded in August 2011 in Slovenia by Nejc Kodrič and Damjan Merlak.
SourceBitstamp: Where is Bitstamp registered?
Bitstamp is registered in Luxembourg and was recognized by Luxembourg as a virtual currency exchange in 2016.
SourceBitstamp: How many cryptocurrencies does Bitstamp list?
Bitstamp lists approximately 107 cryptocurrencies with close to 230 spot trading pairs including USD, EUR, GBP, and stablecoin base currencies.
SourceBitstamp: Who owns Bitstamp?
Bitstamp is owned by Robinhood, which acquired the exchange to expand its cryptocurrency trading capabilities.
SourceBitstamp: How many customers does Bitstamp have?
Bitstamp is trusted by more than 5 million customers worldwide.
SourceBitstamp: How does Bitstamp store customer cryptocurrencies?
Bitstamp keeps most client crypto in cold storage for security and offers additional security features including 2FA and withdrawal-address whitelisting.
Source